1st Source Q2 net income $32.44M, EPS $1.30 up 10% YoY; dividend $0.32 unchanged

1ST SOURCE CORP

2023-Q2 EPS reported $2.55

Net income $32.44M +10.65% YoY; diluted EPS $1.30 +10.17% YoY.
Cash dividend $0.32/share (unchanged), payable Aug 11, record Aug 1.
Avg loans $6.14B +12.31% YoY; avg deposits $6.94B +2.11% YoY.
Tax-equivalent NIM 3.48%, down 12 bps QoQ on deposit competition, up 16 bps YoY.
Nonperforming assets 0.33% of loans vs 0.60% a year ago; credit quality steady.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

1ST SOURCE CORP reported the second quarter of 2023 results: net income $32.44 million, EPS $1.30.

Period: the second quarter of 2023
Net income: $32.44 million
EPS: $1.30
Result: reported results

Exact text from the filing

On July 20, 2023 , 1st Source Corporation issued a press release that announced its second quarter earnings for 2023.

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1ST SOURCE CORP filing history →

Source: SEC EDGAR

accession 0000034782-23-000110

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